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Enova Systems wins further orders from Smith Electric

By BFN News | 02:10 PM | Monday 05 March, 2012


Enova Systems has won further orders to supply drive system components to Smith Electric Vehicles Corp, a global leader in all-electric commercial vehicles. Smith has deployed several hundred vehicles utilising Enova's electric drive system. Smith develops, produces and sells zero-emission commercial electric vehicles that are designed to be an alternative to traditional diesel trucks, providing higher efficiency and lower total cost of ownership. Smith has manufacturing facilities in Kansas City, Missouri, and outside of Newcastle, UK. Smith's vehicle designs leverage more than 80 years of market knowledge from selling and servicing electric vehicles in the United Kingdom. Smith produces the Newton and the Edison. Enova Systems chief executive Mike Staran said: "Smith Electric Vehicles continues to show a strong commitment to both Enova and the Electric Vehicle segment. "We anticipate continued penetration and are pleased to be part of Smith's strategy." At 2:10pm: (LON:ENV) Enterprise Venture Capital Trust share price was 0p at 25p Story provided by StockMarketWire.com